Investments & Portfolio Analysis
2 September 2014
US Economy in Next 12 Months
US economy, just like many others, has experienced and overcame the recession of
2007-2009. Past %ve years have not been easy neither for US, neither global economy. There
have been a lot of challenges in all levels of economic activity, starting from households to
government’s decisions, monetary and %scal policies. While global economy has recovered
faster, and some economies, as China, India, and some of European leading economies are
experiencing more rapid growth, US economy has been experiencing some di/cul)es in its
growth. As one of the leading Financial Post’s (O4awa, Canada) economist, Gordon Isfeld,
states, “The pace of recovery has been dampened by harsh winter weather in the United States,
slowing domes)c demand in China and concerns over geopoli)cal tensions, according to the
world’s largest lending agency”. US economy still remains the largest and strongest in the world,
but the gap between US and China has been shrinking over the past years, and many
economists predict an increase in China’s dominance over the next few years. I agree with most
of economists that next few years are going to be very important for US economy, as well as
global economy.
“The outlook for U.S. growth remains cau)ously posi)ve,” says Kimberly Amadeo, US
economy expert, an author of a book “Beyond the Great Recession: What Happened and How
to Prosper”. Her, as well as other experts, including Forbes one of leading economists, Bill
